According to Stephen Covey, what can small businesses do to provide job-related training without actually establishing expensive formal training programs?
What will be an ideal response?
Answer: Some informal methods that small businesses can do include these:
Offer to cover the tuition for special classes
Identify online training courses
Provide a library of tapes and DVDs for systematic, disciplined learning during commute times
Encourage the sharing of best practices among associates
When possible, send people to special seminars and association meetings for learning and networking
Create a learning ethic by having everyone teach each other what they are learning.
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In the context of determinants of civil society,__________involves the voluntary acceptance of standards established by nongovernmental entities
Fill in the blanks with correct word.
A manufacturer has invested $750,000 in a new product and wants to set a price to earn a 15 percent ROI. The cost per unit is $18 and the company expects to sell 50,000 units in the first year
Calculate the company's target-return price for this product. A) $18.10 B) $18.23 C) $20.25 D) $20.70 E) $25.50